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Kabbage Gets $200 Million from Credit Suisse

November 17, 2017

Small business lender Kabbage received $200 million in revolving credit from Swiss financial institution, Credit Suisse.

The funds will used by the Atlanta-based Kabbage to scale and expand its lines of credit with longer terms to its existing customer base, as well as some of the larger small businesses.

Kabbage now has a total debt funding of $750 million.

In a statement to Finextra yesterday afternoon Kabbage Head of Capital Markets, Deepesh Jain, said:

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